Commercializing AI: TR’s Watson Initiative to launch global financial regulation product by year’s end

Among several other product announcements, Thomson Reuters Legal recently disclosed that it will release in beta the first legal product using Watson’s cognitive computing technologies by year’s end. On Dewey B Strategic, Jean O’Grady writes

Ever since TR announced their collaboration with IBM Watson last October, the legal community has been impatient to learn how this alliance will manifest in a legal product. We still don’t know but TR did promise that they will be the first company for built a legal product using Watson technology. The alliance will combine IBM’s cognitive computing with TR’s deep domain expertise. A panel of executives from TR and Watson revealed that there will be a beta product available by the end of 2016. Their first collaboration will focus on taming the complexities of global financial regulation.

Bob Ambrogi adds “The product will help users untangle the sometimes-confusing web of global legal and regulatory requirements and will be targeted at customers in corporate legal, corporate compliance and law firms. Initially, it will focus on financial services, [Erik Laughlin, managing director, Legal Managed Services and Corporate Segment, and head of the Watson Initiative] suggested, but will also address other domains important to corporations.”

Very interesting. Wouldn’t it be something if TR was prepared to demonstrate how this product will work at AALL ALI AALL in Chicago this year? — Joe

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